Author Question: According to the figure above, which point or points correspond to full employment? A) only point ... (Read 86 times)

magmichele12 · **on:** Jun 29, 2018

According to the figure above, which point or points correspond to full employment?

A) only point a
B) only point b
C) only point c
D) points a and b
E) points a, b, and c

Question 2

When the Fed purchases government securities,

A) required reserves in the banking system decrease, leading to fewer loans being made.
B) required reserves in the banking system increase, leading to more loans being made.
C) the monetary base does not change.
D) excess reserves in the banking system decrease, leading to fewer loans being made.
E) excess reserves in the banking system increase, leading to more loans being made.